Calm Waters, Richard Strong disclose 7.4% Asure Software (ASUR) stake in 13G/A

Rhea-AI Filing Summary

Calm Waters Partnership and Richard S. Strong report their beneficial ownership of Asure Software Inc. common stock in an amended Schedule 13G as of 06/30/2026. Calm Waters has shared voting and dispositive power over 1,709,645.00 shares, representing 6.0% of the outstanding common stock.

Richard S. Strong reports sole voting and dispositive power over 309,631.00 shares and shared voting and dispositive power over 1,709,645.00 shares, for total beneficial ownership of 2,109,276.00 shares, or 7.4% of the class. Both reporting persons file jointly and list a contact address in Milwaukee, Wisconsin.

Key Figures

Calm Waters beneficial shares: 1,709,645.00 shares Calm Waters percent of class: 6.0% Richard S. Strong total shares: 2,109,276.00 shares +1 more

4 metrics

Calm Waters beneficial shares 1,709,645.00 shares Shares over which Calm Waters Partnership has shared voting and dispositive power

Calm Waters percent of class 6.0% Percentage of Asure Software common stock beneficially owned by Calm Waters

Richard S. Strong total shares 2,109,276.00 shares Total beneficially owned by Richard S. Strong combining sole and shared powers

Richard S. Strong percent of class 7.4% Percentage of Asure Software common stock beneficially owned by Richard S. Strong

Key Terms

beneficially owned, Shared Voting Power, Dispositive Power, Schedule 13G/A

4 terms

beneficially owned regulatory

"Ownership (a) | Amount beneficially owned: See responses to Item 9"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Shared Voting Power regulatory

"6 | Shared Voting Power 1,709,645.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

Dispositive Power regulatory

"7 | Sole Dispositive Power 309,631.00 8 | Shared Dispositive Power 1,709,645.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13G/A regulatory

"form_type: "SCHEDULE 13G/A""

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does Calm Waters Partnership hold in Asure Software (ASUR)?

Calm Waters Partnership reports beneficial ownership of 1,709,645.00 Asure Software shares, with shared voting and dispositive power. This position represents 6.0% of Asure Software’s common stock as of 06/30/2026, according to the amended Schedule 13G filing.

How many Asure Software (ASUR) shares does Richard S. Strong beneficially own?

Richard S. Strong reports beneficial ownership of 2,109,276.00 Asure Software shares. This includes sole voting and dispositive power over 309,631.00 shares and shared voting and dispositive power over 1,709,645.00 shares, representing 7.4% of the common stock.

What percentages of Asure Software (ASUR) common stock are reported in this Schedule 13G/A?

The filing states that Calm Waters Partnership holds 6.0% of Asure Software’s common stock, while Richard S. Strong reports a larger beneficial stake of 7.4%. These percentages reflect their respective positions as of 06/30/2026.

What class of Asure Software (ASUR) securities is covered in this ownership report?

The report covers Asure Software Inc.’s common stock, par value $0.01, identified by CUSIP 04649U102. Both Calm Waters Partnership and Richard S. Strong disclose their beneficial ownership and voting and dispositive powers over this class of securities.

Where are the reporting persons for the Asure Software (ASUR) Schedule 13G/A located?

Both reporting persons can be contacted at c/o Godfrey & Kahn, S.C., 833 East Michigan Street, Suite 1800, Milwaukee, WI 53202. Calm Waters Partnership is organized in Wisconsin, and Richard S. Strong is a United States citizen.

What is the relationship between voting power and beneficial ownership in this ASUR filing?

Beneficial ownership is detailed through sole and shared voting and dispositive powers. Calm Waters has shared power over 1,709,645.00 shares, while Richard S. Strong combines 309,631.00 sole and 1,709,645.00 shared shares to reach his reported 2,109,276.00-share stake.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

ASURE SOFTWARE INC

(Name of Issuer)

Common Stock Par Value $0.01

(Title of Class of Securities)

04649U102

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 04649U102

1

Names of Reporting Persons

CALM WATERS PARTNERSHIP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

WISCONSIN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,709,645.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,709,645.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,709,645.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP Number(s): 04649U102

1

Names of Reporting Persons

STRONG RICHARD S

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 309,631.00
6	Shared Voting Power 1,709,645.00
7	Sole Dispositive Power 309,631.00
8	Shared Dispositive Power 1,709,645.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,109,276.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.4 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ASURE SOFTWARE INC
(b)	Address of issuer's principal executive offices: 405 COLORADO ST, #1800, AUSTIN, TEXAS, 78701.
Item 2.
(a)	Name of person filing: Calm Waters Partnership Richard S. Strong
(b)	Address or principal business office or, if none, residence: All reporting persons may be contacted at: c/o Godfrey & Kahn, S.C. 833 East Michigan Street, Suite 1800 Milwaukee, WI 53202
(c)	Citizenship: Calm Waters Partnership is a Wisconsin general partnership. Richard S. Strong is a United States citizen.
(d)	Title of class of securities: Common Stock Par Value $0.01
(e)	CUSIP No.: 04649U102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See responses to Item 9 of the cover pages.
(b)	Percent of class: See responses to Item 11 of the cover pages.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: For information on voting and dispositive power with respect to the above listed shares, see Items 5-9 on the Cover Pages.
	(ii) Shared power to vote or to direct the vote: For information on voting and dispositive power with respect to the above listed shares, see Items 5-9 on the Cover Pages.
	(iii) Sole power to dispose or to direct the disposition of: For information on voting and dispositive power with respect to the above listed shares, see Items 5-9 on the Cover Pages.
	(iv) Shared power to dispose or to direct the disposition of: For information on voting and dispositive power with respect to the above listed shares, see Items 5-9 on the Cover Pages.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

CALM WATERS PARTNERSHIP

Signature:	/s/ Richard S. Strong
Name/Title:	Managing Partner
Date:	07/15/2026

STRONG RICHARD S

Signature:	/s/ Richard S. Strong
Name/Title:	Richard S. Strong
Date:	07/15/2026

Exhibit Information

Exhibit 1 - Joint Filing Agreement (incorporated by reference to Exhibit 1 of the Reporting Persons' Schedule 13G filed with the SEC on September 17, 2025) https://www.sec.gov/Archives/edgar/data/884144/000089271225000104/exhibit.htm